Monday, April 14, 2008

What Ikea can teach us about boom and bust

What Ikea can teach us about boom and bust

Recent comments from Ikea's president confirm what most of us have known all along - you can't eliminate the business cycle. To get rid of the bust, you also have to get rid of the boom. And as booms make everyone feel rich, no one wants to do that…

Posted by damien @ 11:16 AM (771 views)
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4 thoughts on “What Ikea can teach us about boom and bust

  • “To get rid of the bust, you also have to get rid of the boom”

    Now, let me see…

    ..who kept saying ‘no more boom and bust’ ??

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  • UT – you dont understand – HPI inflating doesnt count as a boom because its not counted as part of the real economy (its not included in the Inflation numbers for a start) so obviously it cant be counted as a bust now can it! I’m sorry to be the one to break this to you but i thought the same as you but then Greenbay explained where my analysis was going wrong. Thanks Greenbay!!

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  • Techie,

    I trust your tongue is firmly in cheek…!

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  • tyrellcorporation says:

    Where is ‘ol Greeners anyway? probably furiously totting up losses on his Excel spreadsheet. PARP!

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